Dollar Adds to Gains vs. Yen

By

Nicole Hong

Updated March 11, 2013 3:46 p.m. ET

The dollar extended its gains against the yen after a Bank of Japan member reinforced expectations for more aggressive monetary easing.

Koji Ishida, a member of the BOJ's nine-person policy-setting board, pledged on Monday to continue "powerful monetary easing" to reach the central bank's new 2% inflation target. The BOJ adopted a new inflation target in late January as part of its ongoing efforts to rid the Japanese...